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what's obama doing with this first offer, do you think? >> i'm not exactly sure because i don't understand the economic rationale behind it. look at the world that we are in. it is a 2% u.s. growth rate. it is not the 3% we are historically used to. look what's going on in europe. look what's going on in asia, the slowdown there. look at the context at which we want to take money out of the private sector. taxes by definition is contractionary. >> for a while i wondered in first term figured look, the president sooner or later will realize he needs jobs to get re-elected so will come onboard with pro-growth stuff and jobs he was able to, you know, to be re-elected at 7.9%. now you want a legacy that shows that you had a good economy and that you got the jobless rate down. so you are going -- i'm -- maybe there's just a disconnect between whether people that work for him really understand what generates economic growth and jobs and what doesn't. and -- i mean, we will transform society in a way that maybe is more positive for him, obama car
what's obama doing with this first offer, do you think? >> i'm not exactly sure because i don't understand the economic rationale behind it. look at the world that we are in. it is a 2% u.s. growth rate. it is not the 3% we are historically used to. look what's going on in europe. look what's going on in asia, the slowdown there. look at the context at which we want to take money out of the private sector. taxes by definition is contractionary. >> for a while i wondered in first...
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. >> people were supposed to hate them ahead of obama care. stocks doing well. what's coming up? >> i want to do disruptive companies and i watch "squawk." this company is one that has a stove you can put in a couple sticks of wood and starts and generates electricity. you can then charge your ipad, your iphone, you no longer have to be hostage to the grid and they did it -- it caught my eye during hurricane sandy. brooklyn company. the fire department use them. everyone is using them. >> you are doing more private companies with disruptive technology. >> i think that the exciting part of america is we have the world's greatest technology. i want to point it out. many companies are private. >> santelli has -- >> you have to be kidding. rick santelli here. welcome. my goodness. 74 74.5. i had to double-check that one many times. we're coming off numbers at 82.7 for number. 82.6 for october. those are close. the best numbers since the fall of '07. this 74.5 is a really big drop that takes you to the weakest numbers since august when we had a series of weaker numbers. now, whether s
. >> people were supposed to hate them ahead of obama care. stocks doing well. what's coming up? >> i want to do disruptive companies and i watch "squawk." this company is one that has a stove you can put in a couple sticks of wood and starts and generates electricity. you can then charge your ipad, your iphone, you no longer have to be hostage to the grid and they did it -- it caught my eye during hurricane sandy. brooklyn company. the fire department use them. everyone...
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president obama hopeful that it can be reached before christmas. eam eamon has more on this. >> for the past few days i've been on air explaining why markets are wrong to react to the washington boilerplate headlines. that's washington boilerplate but we did get some comments here last night in washington with lloyd blank fein and john harwood on air that i think are significant and will move the needle here on this deal. take a look at how lloyd blankfein said president obama explained it last night. >> the president was, you know, gave us a lot of time. he and the staff went through a very detailed plan of what the plan was for balancing the budget. devil in the details. there was a lot of details, and i would say i think there was a lot -- it was very credible. >> now, the political significance here of the head of goldman sachs calling the president's plan very credible is probably great news for the white house. it gives them the type of political cover they were look for from the ceo meeting. if you're a neutral person who doesn't care what t
president obama hopeful that it can be reached before christmas. eam eamon has more on this. >> for the past few days i've been on air explaining why markets are wrong to react to the washington boilerplate headlines. that's washington boilerplate but we did get some comments here last night in washington with lloyd blank fein and john harwood on air that i think are significant and will move the needle here on this deal. take a look at how lloyd blankfein said president obama explained...
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president obama twice before has made declarative statements about what he's not willing to do. and frankly, all we've heard from the white house is what they're not willing to do. so the president has signed the it tension of these rates in the past. i think the underreported story in all of this drama are senate democrats that are wringing their hands and avoiding eye contact. >> mcconnell would have produce the brought it up not just as an amendment. >> we're too busy today, forget it. >> they can't pass it in their own house. >> so here is the question. the operative question is does this administration really want to take to us $22 trillion? is that really where they want to go? because that's the pathway. and if they do, aren't we better to deal with this right now? this doesn't get any better the longer we wait. when you have the speaker saying we're willing to move, our movement is to put revenue on the table -- >> are you saying a bucket of crazy is better than the long term implications? >> that's what the country is dealing with. neither are things you want to embrace
president obama twice before has made declarative statements about what he's not willing to do. and frankly, all we've heard from the white house is what they're not willing to do. so the president has signed the it tension of these rates in the past. i think the underreported story in all of this drama are senate democrats that are wringing their hands and avoiding eye contact. >> mcconnell would have produce the brought it up not just as an amendment. >> we're too busy today,...
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should obama compromise to get things done. 72% say yes. 22% say no. should the gop compromise to get things done. and take a look. 72% say yes. my question for you, wolf, i'm not sure you'll have the answer but perhaps you'll have guidance. for those democrats who say the president has a mandate because voters voted him into office while he campaigned to tax the wealthiest 2%, i wonder how those same people who responded in this poll would respond if they had to choose between what they voted for or the compromise they would want to see. do you have a feeling there? >> bottom line from the poll is that overwhelming majority of the american people want both sides to compromise. they don't want to go over the fiscal cliff. they don't necessarily think the difference is separating these two sides are unbridgeable or unrealistic. they can work out a deal. they have to be adults and be serious and make concessions to the other side and you won't get 100% of what you want. that's the art of compromise. in order to avoid a disaster, the mandatory spending cu
should obama compromise to get things done. 72% say yes. 22% say no. should the gop compromise to get things done. and take a look. 72% say yes. my question for you, wolf, i'm not sure you'll have the answer but perhaps you'll have guidance. for those democrats who say the president has a mandate because voters voted him into office while he campaigned to tax the wealthiest 2%, i wonder how those same people who responded in this poll would respond if they had to choose between what they voted...
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are you listening, lawmakers and president obama? facebook.com/car facebook.com/carolcnn if you would like to continue the conversation. thanks for the responses. i appreciate t
are you listening, lawmakers and president obama? facebook.com/car facebook.com/carolcnn if you would like to continue the conversation. thanks for the responses. i appreciate t
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president of the united states, barack obama. >>> the poem is called "other." it's written by a beautiful young woman. her name is neo. sadly, that word other is how people are forced to describe ethnicity because they don't fit if a certain box. she says she was too light skinned for the black kids she grew up around. teasing and taunts of childhood still haunt her today. soledad o'brien tells her story. >> it's a poem about her life. but neo jones is struggling to recite it it aalways called me white girl. i was never ashamed of myself until they taught me to be ashamed. >> reporter: she calls it "other" or the biracial poem. it's about being bullied by black kids. >> i remember the taunts well in to the nights. the brands of vanilla took years to fade. >> reporter: now the tough part. she has to perform it at the first spoken word poetry competition of the season. it's painful. >> i pretended. no black mother to explain how this tall white man ended up with a short chestnut skinned girl. they doubted he was ever my father. >> reporter: seven hours until show
president of the united states, barack obama. >>> the poem is called "other." it's written by a beautiful young woman. her name is neo. sadly, that word other is how people are forced to describe ethnicity because they don't fit if a certain box. she says she was too light skinned for the black kids she grew up around. teasing and taunts of childhood still haunt her today. soledad o'brien tells her story. >> it's a poem about her life. but neo jones is struggling to...
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president obama made a very pointed warning publicly to the syrian leadership. secretary clinton has done that twice on her current trip. secretary clinton will be meeting with the russian foreign minister and the u.n. mediator in syria today in brevlin. >> let's talk about those meetings. >> you can be sure that this issue of chemical weapons will be at the top of the list. >> no question about that. what are the options there? what can the international community do at this point if, in fact, they are already in a position where they're loading these components on to the weapons? >> well, one is this public message from the united states, from the nato secretary general and from the russians. the syrian government, including assad personally, will be held accountable. second is perhaps to see if the russians can use their influence. they're the big egest arms supplier to syria, the biggest ally that syria has, to dissuade the syrians from letting this chemical weapons loose or using them against the rebel alliance. if assad should fall and there's a chaotic pe
president obama made a very pointed warning publicly to the syrian leadership. secretary clinton has done that twice on her current trip. secretary clinton will be meeting with the russian foreign minister and the u.n. mediator in syria today in brevlin. >> let's talk about those meetings. >> you can be sure that this issue of chemical weapons will be at the top of the list. >> no question about that. what are the options there? what can the international community do at this...
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one of the mistakes i think the republican party made the last two years is trying to make obama the issue without sharing with america bold reform ideas that get people inspired to get behind us. >> following the rules of the senate south carolina's governor will be named with an immediate successor to fill demint's seat, and then the state will hold a special election for the voters to choose a permanent replacement. we'll have more at the top of the hour, and also, this story. a brave young boy who lost his home and his school in hurricane sandy. well, he is now talking about coping with life. >> when something brings you down, you got to get up. >> you okay, buddy? >>> one family is doing more than a lot after the tragedy that destroyed tens of thousands of homes on the east coast. [ wh] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ â™
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56% thought obama and democrats would. only 43% thought the republicans would. will the president not act in good faith? 38% thought president wouldn't act in good faith. 51% thought republicans wouldn't act in good faith. but if there's no deal and the country goes over that fiscal cliff, taxes go up for everyone, mandatory spending cuts go into effect, a lot of folks are going to say where was the president? he was just re-elected. why couldn't he put together a package, a deal to avoid this disaster? >> i think this is a question of political leadership. and as that poll showed, there's no doubt that the president has the political advantage going into this. but at some point, and i think we're kind of getting close to it, the president has to be able to pivot and to say how do i turn this political advantage into a real policy accomplishment? and, wolf, i don't think you're going to do that with continued campaign style events like we just saw meeting with middle class families. okay. we get that. that occurred during the campaign. the white house has clearl
56% thought obama and democrats would. only 43% thought the republicans would. will the president not act in good faith? 38% thought president wouldn't act in good faith. 51% thought republicans wouldn't act in good faith. but if there's no deal and the country goes over that fiscal cliff, taxes go up for everyone, mandatory spending cuts go into effect, a lot of folks are going to say where was the president? he was just re-elected. why couldn't he put together a package, a deal to avoid this...
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president barack obama, u.s. secretary of state hillary clinton that the use of chemical weapons in syria was a red line for which syria and the bashar al assad regime would face severe consequences if they ever did cross that red line and utilize chemical weapons against the people of syria. >> and we have no idea what those severe consequences would be, right? >> reporter: that's right, we don't. you know, people speculate that this would mean some type of military intervention, but we also know that a lot of world powers have not wanted to intervene militarily in syria. that they've wanted what's going on in syria to happen within syria. but the fear is if chemical weapons are utilized, and again, the syrian regime has said on many occasions, they are not going to use chemical weapons against their population, that that would mean there would be some type of military intervention, although it's unclear what scope that type of military intervention would take. >> mohammed jamjoom live in beirut, thanks very muc
president barack obama, u.s. secretary of state hillary clinton that the use of chemical weapons in syria was a red line for which syria and the bashar al assad regime would face severe consequences if they ever did cross that red line and utilize chemical weapons against the people of syria. >> and we have no idea what those severe consequences would be, right? >> reporter: that's right, we don't. you know, people speculate that this would mean some type of military intervention,...
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revenue has gone up every year of the obama administration and now, we're at historic highs. the same as we were five years ago. the difference is, our spending has increased a trillion dollars. >> yeah, but a lot of that spending is things to help the economy. it's the payroll tax cut extension, which your party supported. it's extending unemployment benefits. it's things like that. t the war. >> that's going to be the challenge of the whole perspective. we've got two philosophies. one says we're spending too much. the other saying we're not spending enough. that's hurting our economy. obviously, the last four years have been more focused on the spending. we continue to pile up more and more debt, we've crossed 100% of debt to gdp. >> but you're line of thinking, the tax side, so we end up spending more thanks to democrats and the country is going to a worst place. >> the context is really important on this. in 2003 when tax rates were brought down. and then in 2010, we were still in a bad place, the president and democrats said the economy's weak, we can't raise taxing on a
revenue has gone up every year of the obama administration and now, we're at historic highs. the same as we were five years ago. the difference is, our spending has increased a trillion dollars. >> yeah, but a lot of that spending is things to help the economy. it's the payroll tax cut extension, which your party supported. it's extending unemployment benefits. it's things like that. t the war. >> that's going to be the challenge of the whole perspective. we've got two philosophies....
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revenue has gone up every single year in the obama administration, and now we're at historic highs. the difference is our spending increased a trillion dollars from five years ago, but the revenue is the same. >> a lot of that spending is things to help the economy, right? it's the payroll tax cut extension, which your party supported, right? it's extending unemployment benefits and things like that. it's the war. >> right. that's going to be the challenge of the whole perspective right now. we have two philosophies. one is saying we're spending too much and the other is saying we don't spend enough. obviously the last four years are spending more to stimulate. i'm not sure if that will work long-term. we've crossed 100% of debt to gdp. i don't think that gets better as you get higher. >> the only thing that confuses me about it, i feel like in a situation where all you do is keep cutting taxes and have a revenue problem, right? you give a tax cut to the middle class you don't want it to take it away from them. you keep giving out things p and you never take them back. >> well, that
revenue has gone up every single year in the obama administration, and now we're at historic highs. the difference is our spending increased a trillion dollars from five years ago, but the revenue is the same. >> a lot of that spending is things to help the economy, right? it's the payroll tax cut extension, which your party supported, right? it's extending unemployment benefits and things like that. it's the war. >> right. that's going to be the challenge of the whole perspective...
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barack obama won, so they liked hillary clinton. if hillary clinton had won in 2008, you would hear lots of republicans saying, none of this would be happening if that idealistic barack obama had won instead. if hillary clinton is the nominee in 2016, this will be an election decided by three or four percentage points. it will not be a 57/30 election. >> it always tightens. i'm curious about the other side since you're talking about 2008. marco rubio and paul ryan both spoke at this dinner and they were -- these were speeches where they're trying to define themselves as who they are. both probably going to run in 2016. how would a rubio/ryan stack up against a hillary clinton? in a sense it sort of feels like 2008 reversed, right, except for experience would come on the democratic side with hillary and the youth and this sort of idealism might perhaps come from a rubio or ryan on the republican side? >> well, if i look at that poll you were referring to, hillary clinton is the overwhelming favorite among young people, especially you
barack obama won, so they liked hillary clinton. if hillary clinton had won in 2008, you would hear lots of republicans saying, none of this would be happening if that idealistic barack obama had won instead. if hillary clinton is the nominee in 2016, this will be an election decided by three or four percentage points. it will not be a 57/30 election. >> it always tightens. i'm curious about the other side since you're talking about 2008. marco rubio and paul ryan both spoke at this...
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president obama isn't negotiating like we just heard. he's negotiating to raise the tax rates on the rich as a downpayment on a larger deal to come later as far as taxes are concerned and medicare is concerned. >> let's allow higher rates to go up for the top two percent, that includes all of you, yes. but not in anyway that's going to affect your spending, your lifestyles or the economy in any significant way. let's make sure that 98% of americans don't see a single dime in tax increases next year. 97% of small businesses don't see an increase in taxes next year. and by doing that alone, we raise almost a trillion dollars. >> let's bring in our chief political analyst right now, the president also had a specific warning for members of congress, the republicans on the issue of raising the debt ceiling. listen to this. >> if congress in anyway suggests they're going to tie negotiations to debt ceiling votes, and take us to the brink of default once again as part of a budget negotiation, which by the way we have never done in our history u
president obama isn't negotiating like we just heard. he's negotiating to raise the tax rates on the rich as a downpayment on a larger deal to come later as far as taxes are concerned and medicare is concerned. >> let's allow higher rates to go up for the top two percent, that includes all of you, yes. but not in anyway that's going to affect your spending, your lifestyles or the economy in any significant way. let's make sure that 98% of americans don't see a single dime in tax increases...
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are you listening, lawmakers and president obama? facebook.com/car facebook.com/carolcnn if you would like to continue the conversation. thanks for the responses. i appreciate them. i appreciate you for watching us this morning. i'm carol costello. "cnn newsroom" continues right now with ashleigh banfield. >> thanks so much, carol. hi, everyone. i'm ashleigh banfield. it's 11:00 on the east coast. 8:00 on the west coast. how does this sound to you? >> me and my friends here, we met across the street and we smoking weed and we're on our feet and ain't handcuffed and ain't worried about the boys. i got the toys fired up. >> fired up. talk about fired up. for thousands of people in seattle and all across washington state, this day could not come soon enough. it is day one of legal recreational marijuana use. courtesy of the voters who passed a landmark referendum last month. from this day forward, if you are old enough to drink, you can consume as much as one ounce of pot in washington state but you still can't grow it and you still can
are you listening, lawmakers and president obama? facebook.com/car facebook.com/carolcnn if you would like to continue the conversation. thanks for the responses. i appreciate them. i appreciate you for watching us this morning. i'm carol costello. "cnn newsroom" continues right now with ashleigh banfield. >> thanks so much, carol. hi, everyone. i'm ashleigh banfield. it's 11:00 on the east coast. 8:00 on the west coast. how does this sound to you? >> me and my friends...
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president obama and the house speaker spoke for a short time yesterday. nobody knows exactly what they said. and president obama is going to talk to a family in virginia, sort of a deal to get -- why don't both sides go to camp david, lock themselves behind closed doors and come up with a deal? why a pr stunt, visiting voters when that's not going to get a deal done with republicans. >> i certainly would welcome that. i think most americans would. i think what the white house is doing -- and i think it's smart -- making sure that this conversation stays where it should be, with the middle class. the white house has been raising this point. they have this #my2k, explaining to republicans and the country, we can't afford for $2,000 more to hit our tax bill. it's important for the american people to stay engaged and the white house has to keep the american people engaged and this family will be speaking for a lot of people. it doesn't make any sense, even the polls show that the wealthy are willing to pay more taxes. for some reason republicans have dugged t
president obama and the house speaker spoke for a short time yesterday. nobody knows exactly what they said. and president obama is going to talk to a family in virginia, sort of a deal to get -- why don't both sides go to camp david, lock themselves behind closed doors and come up with a deal? why a pr stunt, visiting voters when that's not going to get a deal done with republicans. >> i certainly would welcome that. i think most americans would. i think what the white house is doing --...
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listen to this. >> president obama's argument has been that the economy is doing well enough it could handle a tax hike. if the economy were in recession as we saw last time, then he would be reluctant to lift that top rate. if the economy is growing sharply, then if -- the -- some damage from lifting the top rate then maybe the economy can afford it. now the gdp growth number is not as strong as the jobs report. but if we a weak jobs report, then i think the president would have a really, really hard time getting people, even moderate democrats, to increase the marginal rate. the fact it is a strong report, i think, puts wind in the sails. >> wind in his sails. that's not necessarily what the speaker was saying. let's get straight total son kosik live at the new york stock exchange. >> raw numbers. what is the dow doing? >> we are not seeing the wind go in a strong direction towards the positive direction. you are seeing a mixed bag with stocks now. that's because, you know, despite the huge shocker of this report that was a surprise to the upside, investors see it is they are going
listen to this. >> president obama's argument has been that the economy is doing well enough it could handle a tax hike. if the economy were in recession as we saw last time, then he would be reluctant to lift that top rate. if the economy is growing sharply, then if -- the -- some damage from lifting the top rate then maybe the economy can afford it. now the gdp growth number is not as strong as the jobs report. but if we a weak jobs report, then i think the president would have a...
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the top 20% whose real income dropped during the obama recovery seven times more than the bottom 80%, cover 60 and carry 60% of the tax burden. what is fair? 100%? if you took -- if republicans agreed today with president obama's suggestion to do this -- raise the money on the rich, the job creators, i call them job creators and growth creators, you call them the evil rich or whatever, we would be -- save enough money or raise enough revenues to run the government for eight and a half days. that doesn't make any sense. plus, the president is announcing that he doesn't even want to put it towards deficit spending. he wants to do new spending, new stimulus, new infrastructure, new education. there's not one word of entitlement reform, social security reform, medicare reform. the structural debt. let me tell you what the leverage is, cornel. you want to know what the heart of the electorate is? it's the senate democrats who are elected in the last midterms and the senate democrats that were elected this time on a debt reform, spending reform, entitlement reform. those are your senate dem
the top 20% whose real income dropped during the obama recovery seven times more than the bottom 80%, cover 60 and carry 60% of the tax burden. what is fair? 100%? if you took -- if republicans agreed today with president obama's suggestion to do this -- raise the money on the rich, the job creators, i call them job creators and growth creators, you call them the evil rich or whatever, we would be -- save enough money or raise enough revenues to run the government for eight and a half days....
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right now president obama is meeting with the washington business roundtable. that's just minutes after speaker boehner met with rank and file gop lawmakers and former speaker pelosi met with house democrats. they are all in each other's corners speaking amongst each other but all eyes are on the fiscal cliff. let's scoot over to the president. easy merging from that meeting with the washington business leaders. let's see what he has to say. >> jim, thanks for your leadership. you know, originally my team had prepared some remarks, they always get nervous when i'm out there on my own, never know what i might say. but given the dialogue that we had the last time, i thought it was useful for me to abbreviate my remarks, speak off the cuff at the top and then most of the time just having a conversation. let me begin by saying all of you in this room are not just business leaders, not just ceos of your companies but you're also economic leaders and thought leaders in this country and i recognize that all of you have an enormous investment not only in your own compa
right now president obama is meeting with the washington business roundtable. that's just minutes after speaker boehner met with rank and file gop lawmakers and former speaker pelosi met with house democrats. they are all in each other's corners speaking amongst each other but all eyes are on the fiscal cliff. let's scoot over to the president. easy merging from that meeting with the washington business leaders. let's see what he has to say. >> jim, thanks for your leadership. you know,...
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presumably president obama has seen these polls. so if there is a fiscal cliff and we go over it, the american public are likely to blame the republicans. >> well, that's absolutely true, piers. we've had an election and the clearest debate and the clearest difference in that election was over the question of whether the rich should pay more and tax rates should go up on the rich. everybody who paid any attention at all knows that the top 2% are now taking home a larger share of total income and wealth in this country than they have in over 80 years and are paying the lowest effective tax rate they paid in over a half a century. we also have a looming budget deficit. so you don't have to really be a rocket scientist to understand that the rich do have to pay more. taxes do have to be raised on the rich and i think that's why over 60% of the public in these polls are not only supportive of a tax increase on the rich, but also will blame the republicans if we go over the fiscal cliff. and this gives frankly, this gives the white house
presumably president obama has seen these polls. so if there is a fiscal cliff and we go over it, the american public are likely to blame the republicans. >> well, that's absolutely true, piers. we've had an election and the clearest debate and the clearest difference in that election was over the question of whether the rich should pay more and tax rates should go up on the rich. everybody who paid any attention at all knows that the top 2% are now taking home a larger share of total...
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obama asked mr. romney to play an important role going forward, even the president has acknowledged romney's skill in making things, like the olympics, run better. but the track record for post election pow wows is not exactly good. after the 2008 election, mccain and obama met and vowed to work together on economic issues and look at them now. they're not exactly best buds. just say the word benghazi, and ooh, watch the sparks fly. still, it could be a win-win for both men. for obama, a chance to show a bipartisan spirit, and for romney, a chance to rehabilitate his image after being excoriated by both democrats and republicans for saying americans who voted for obama wanted free stuff. so the "talk back" question today. what should come of the obama-romney lunch i don't know. facebook.com/carolcnn. your comments later this hour. s. ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investin
obama asked mr. romney to play an important role going forward, even the president has acknowledged romney's skill in making things, like the olympics, run better. but the track record for post election pow wows is not exactly good. after the 2008 election, mccain and obama met and vowed to work together on economic issues and look at them now. they're not exactly best buds. just say the word benghazi, and ooh, watch the sparks fly. still, it could be a win-win for both men. for obama, a chance...
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republican lawmakers dealing directly with president obama. you never hear them say we want to sit down with democratic lawmakers and hammer out a deal. why is that? >> at this point it appears that the democrats and president are on the same page. there is sort of this strain within republicans, especially between those in the house and the senate over the right approach. they do want to sit down and meet directly with the president and the last indications we got is that there's nothing going on in terms of negotiations while the white house says that the conversations continue, gop aides say saying that there's no phone calls, e-mailing, nothing between them. i think it's a little hard to see how you move this ball forward if the two sides are not negotiating face-to-face. we'll see if the ball can get moved. >> who needs twitter or facebook or a telephone call when you have television? because that's how they seem to be -- >> reporter: you can just walk down the street? >> yes. exactly. >> reporter: dan both general, reporting live from th
republican lawmakers dealing directly with president obama. you never hear them say we want to sit down with democratic lawmakers and hammer out a deal. why is that? >> at this point it appears that the democrats and president are on the same page. there is sort of this strain within republicans, especially between those in the house and the senate over the right approach. they do want to sit down and meet directly with the president and the last indications we got is that there's nothing...
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president obama is meeting with mitt romney later today. do you have any idea what they plan to discuss? >> you know, there's a lot of speculation about governor romney playing a role in the administration. but the president himself, during his victory speech after he was re-elected talked about wanting to sit down with mitt romney to talk about ways of moving the country forward. during his post re-election news conference, the president was asked about what roles he could play or if -- what the president hoped to gain from him. the president talked about how mitt romney did a good job with the olympics, and he thought in turning around the olympics, some of that could be used to streamline government and make it more user friendly. that's what we expect for the president to be discussing with mitt romney when they sit down today for lunch at the white house. of course everyone is speculating about some possible role he could play in this white house. it's interesting because it's a very high-profile bipartisan showing from the president t
president obama is meeting with mitt romney later today. do you have any idea what they plan to discuss? >> you know, there's a lot of speculation about governor romney playing a role in the administration. but the president himself, during his victory speech after he was re-elected talked about wanting to sit down with mitt romney to talk about ways of moving the country forward. during his post re-election news conference, the president was asked about what roles he could play or if --...
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the obama administration drawing a line in the sand over tax hikes. the two sides seem further apart than ever with less than
the obama administration drawing a line in the sand over tax hikes. the two sides seem further apart than ever with less than
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there's the political consideration. >> here are two states went for president obama. colorado was in fact a swing state. the people of those states have spoken. for the federal government now to come in and say we want to quarterba quash your mandate, there's precedent for that. it is legal in 18 states and district of columbia. don't think even medical marijuana is exempt from possible department of justice scrutiny, a case decided by the supreme court during bush administration saying the feds can go after that, too. president obama said earlier this year we're not going to be legalizing weed any time soon. >> this case could go up to the united states supreme court as well. >> absolutely. what you started out with, this idea of states rights versus federal government prerogatives is a real clash, not even in the court are you going to get necessarily one voice. >> see what happens on this one. thanks very much. >>> the house speaker, john boehner, says the ball is in president obama's court to prevent the so-called fiscal cliff. but is he hinting at new room for co
there's the political consideration. >> here are two states went for president obama. colorado was in fact a swing state. the people of those states have spoken. for the federal government now to come in and say we want to quarterba quash your mandate, there's precedent for that. it is legal in 18 states and district of columbia. don't think even medical marijuana is exempt from possible department of justice scrutiny, a case decided by the supreme court during bush administration saying...
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president obama put out his plan. the republicans rejected it. the republicans put out a plan yesterday, and the president rejected it. what should we make of this? >> reporter: well, right now it shows at least publicly both sides are fully entrenched in not wanting to budge on some very specific issues. the president wanting taxes to go up on wealthy americans, those extension only for middle class americans. republicans saying no way at all, and beyond that while they might have some agreement on other issues, those remain the sticking points. i did hear from an administration official a short time ago who told me no update whatsoever when i asked whether or not there would be some counteroffer, i guess, the counteroffer from republicans. so that remains the big sticking point, and it appears that until there's some movement on that, there really won't be an agreement. >> and before you go, i understand speaker boehner and the president were at a holiday reception and, well, what happened? >> well, you know, as you know what happens every year
president obama put out his plan. the republicans rejected it. the republicans put out a plan yesterday, and the president rejected it. what should we make of this? >> reporter: well, right now it shows at least publicly both sides are fully entrenched in not wanting to budge on some very specific issues. the president wanting taxes to go up on wealthy americans, those extension only for middle class americans. republicans saying no way at all, and beyond that while they might have some...
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it's remained loyal through all these obama years. and there's lots of pressure on her -- i think some of james and his colleagues might believe that she would somehow lessen the primary opportunities. but woman or man, whatever, what i've noticed in politics is that people are competitive. and i don't think she clears out the primary if she gets in. >> let's move on to this whole debate that's going on involving who the president should nominate to be the next secretary of state replacing hillary clinton. a little exchange between john mccain and john kerry earlier today. watch this. >> senator mccain? >> thank you very much, mr. secretary. >> i think thank you very much, mr. president. this is what happens when you get two losers up here. we're just having fun. >> so here's the serious question, though, i'll start, james, with you, once again. who do you think would be a better secretary of state? would it be john kerry, the chairman of the senate foreign relations committee, or susan rice, the u.s. ambassador to the united nations?
it's remained loyal through all these obama years. and there's lots of pressure on her -- i think some of james and his colleagues might believe that she would somehow lessen the primary opportunities. but woman or man, whatever, what i've noticed in politics is that people are competitive. and i don't think she clears out the primary if she gets in. >> let's move on to this whole debate that's going on involving who the president should nominate to be the next secretary of state...
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president obama playing fiscal cliff hardball this morning. he's telling republicans he will not agree to a deal that doesn't include a tax hike on the wealthiest americans, hardening his position on this. he'll be meeting with business leaders today. >>> later this morning, speaker john boehner meets with fellow house republicans. sources tell cnn gop leaders are looking for a way out. >> it turns out the barefoot recipient of boots by a new york city police officer was shoeless but guess what, not homeless. city officials say jeffrey hillman does have stable housing, an parm in the bronx. they say he's lived there rent-free for the past three years. but hillman regularly panhandles in times square. >> a former boy scout who says he was sexually abused is suing is the boy scouts of america. the lawsuit claims his former troop leader, thomas hacker was barred from the group in indiana in the 1970s but was able to rejoin as a volunteer in illinois in the 1980s. hacker was arrested in 1988, later convicted in the aggravated sexual assault of an
president obama playing fiscal cliff hardball this morning. he's telling republicans he will not agree to a deal that doesn't include a tax hike on the wealthiest americans, hardening his position on this. he'll be meeting with business leaders today. >>> later this morning, speaker john boehner meets with fellow house republicans. sources tell cnn gop leaders are looking for a way out. >> it turns out the barefoot recipient of boots by a new york city police officer was shoeless...
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president obama has also warned there would be consequences. last night on out front a former deputy assistant secretary of state spoke about the dangers of the assad regime. >> this regime is a real problem for us, it aligns with iran, its possession of chemical weapon, weapon of mass destruction, its human rights record, its support of terrorism, you know, this is a regime we'd like to get out of the way. but we don't want to see it replaced with people we don't support, either. >> the syrian foreign ministry denies they have plans to use chemical weapons. >>> new evidence coming to light in the trayvon martin investigation. a picture of suspect george zimmerman released by his attorney reportedly taken by a police officer the night zimmerman shot and killed martin. the bloody picture itself isn't new, but the fact that it's a high revolution color photo is. zimmerman's attorney says it gives the case more context. >> is it devastating? no. but it's just one piece of evidence that shows what george was going through that night, and why he rea
president obama has also warned there would be consequences. last night on out front a former deputy assistant secretary of state spoke about the dangers of the assad regime. >> this regime is a real problem for us, it aligns with iran, its possession of chemical weapon, weapon of mass destruction, its human rights record, its support of terrorism, you know, this is a regime we'd like to get out of the way. but we don't want to see it replaced with people we don't support, either....
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(laughter) hey, quick, off the top, you remember that contest, the obama campaign had, you donate and you might win lunch with the president? (laughter) you are not going to believe who won! (laughter) >> president bar
(laughter) hey, quick, off the top, you remember that contest, the obama campaign had, you donate and you might win lunch with the president? (laughter) you are not going to believe who won! (laughter) >> president bar
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this is the obama's administration offer. every day here in "the new york times"of the two proposals a the fiscal cliff continues to dominate washington here today and this week. irandy in alabama, republicans. caller: i think both of the approaches here are ridiculous. we keep talking about reforming the taxes when it is so complicated that an average person cannot even do it. it's really time to stop reforming the idea of taxes with all these tax ideas. it all it's going to do is drive up inflation. every time we raise taxes, inflation goes up. we really need to go to something like a consumption tax. there's a lot of space out your that do not even haven't come taxes, and their roads are really nice and they do not have been come taxes. they live off other taxes. i think they need to try to fix this whole thing was out just keeping throwing money at it. increasing rates and all of this stuff, it's madness. host: we showed you what senate majority leader harry reid had to say it in reaction to last night proposal from speak
this is the obama's administration offer. every day here in "the new york times"of the two proposals a the fiscal cliff continues to dominate washington here today and this week. irandy in alabama, republicans. caller: i think both of the approaches here are ridiculous. we keep talking about reforming the taxes when it is so complicated that an average person cannot even do it. it's really time to stop reforming the idea of taxes with all these tax ideas. it all it's going to do is...
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it will eventually come to an agreement with president obama and speaker boehner. what ever can be done now to get to that process, the sooner we get there, the better off we will be. will we get there before the new year? i do not know. but one reason it is good to look back at andrews is that help us get to an agreement. we had problems, but we essentially got there. that is the precedent that i think should be taken. my last point is value -- i went to the dark side, i joined cbo, then for most of the past 10 years i have been in the international budgeting community. i want to say that particularly to the gentleman on my right. and this is a tremendous value that is not recognized in the u.s. the value is the spending caps. by spending caps, i mean not just pay-go and tax expenditures. that has served as a precedent for a number of countries that have had successful fiscal experiences since. they include sweden, switzerland, holland, chile, finland. it does not include the european union. the european union is still -- they are still suffering from it. i do not
it will eventually come to an agreement with president obama and speaker boehner. what ever can be done now to get to that process, the sooner we get there, the better off we will be. will we get there before the new year? i do not know. but one reason it is good to look back at andrews is that help us get to an agreement. we had problems, but we essentially got there. that is the precedent that i think should be taken. my last point is value -- i went to the dark side, i joined cbo, then for...
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president obama's budget does that according to his numbers. to me enge the amount matters in 10 years but what i care more about is what trajectory we're on. if we're at $6 trillion but haven't done work on entitlements, i think we're worse off than if we have $4 trillion and have reforms kick in. >> the president's budget doesn't meet my standard. the opped they have budget horizon is a hockey stick and the trajectory is wrong. he hasn't gone far enough. agry, we need to address -- he's fallen short on spending. he's got it on revenue. we need more on spending to get that trajectory at least stable to move south as we move into the second 10 years of the budget horizon. >> to follow up, i agree we should by thinking about the long-term issues, i just expect them to come up with a short-term or medium term and a long-term real solution all at once i think is just way too much. for any realistic expectation. absolutely they should adjust the issues, think about them, reform, experiment but i hate to have the economy right now, the economy over
president obama's budget does that according to his numbers. to me enge the amount matters in 10 years but what i care more about is what trajectory we're on. if we're at $6 trillion but haven't done work on entitlements, i think we're worse off than if we have $4 trillion and have reforms kick in. >> the president's budget doesn't meet my standard. the opped they have budget horizon is a hockey stick and the trajectory is wrong. he hasn't gone far enough. agry, we need to address -- he's...
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was a major obama fundraiser. we are live back on capitol hill waiting to hear from house speaker john boehner and his weekly briefing. the speaker today was one of the leaders set to meet with treasury secretary tim geithner up on capitol hill today to talk about the fiscal cliff negotiation. we'll be hearing from the speaker shortly. the house gavels back in at noon eastern with just one bill on the agenda today. that's a bill that is a new visa proposal for foreign students earning advanced degrees in science, engineering, and math in the u.s. that's coming up at noon. and back at the white house, the president is having lunch with his former rival, mitt romnifment they are having a private lunch at the white house and also today the briefing at the white house with jay carney. that will get under way at about 12:30 eastern. we'll have that at c-span.org. there's also word today that the congressional organizers of the presidential unanimous consent racial have announced today that the theme of the festivities
was a major obama fundraiser. we are live back on capitol hill waiting to hear from house speaker john boehner and his weekly briefing. the speaker today was one of the leaders set to meet with treasury secretary tim geithner up on capitol hill today to talk about the fiscal cliff negotiation. we'll be hearing from the speaker shortly. the house gavels back in at noon eastern with just one bill on the agenda today. that's a bill that is a new visa proposal for foreign students earning advanced...
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obama does care. he calls it obamacare because the republicans thought they could use it as an insult but it's actually a badge of honor. the affordable care act is estimated already with the bill we passed is estimated to save about $500 billion over the next 10 years. ms. jackson lee: that's right. mr. ellison: they say we only got to reform medicare. you know, there may be reforms to medicare that are important to do, but we already started that process with the affordable care act by reducing extra subsidies paid to medicare advantage plans. they said they were going to do it for cheaper. they did it for more. now we're saying, we are going to hold you to your word. and we used that -- closed the doughnut hole. also, reductions in the rate of growth and provider payments and efforts to make sure that medicare programs were more efficient and to reduce waste, fraud and abuse. so medicare will be reformed as we reform health care. as we move away from this fee for service, thch for this test, much f
obama does care. he calls it obamacare because the republicans thought they could use it as an insult but it's actually a badge of honor. the affordable care act is estimated already with the bill we passed is estimated to save about $500 billion over the next 10 years. ms. jackson lee: that's right. mr. ellison: they say we only got to reform medicare. you know, there may be reforms to medicare that are important to do, but we already started that process with the affordable care act by...